Malls are hemorrhaging retailers left and right. What will happen with all that space? Some could be converted into apartments and condominiums. (iStock) Mall vacancies are surging, so what to do with all that empty space? Apartment ...
Michael Hackman (Photo by Jim Newton) Michael Hackman is the CEO and founder of Hackman Capital Partners, a commercial development firm. After growing up in Columbus, Ohio, Hackman moved to Los Angeles right out of Ohio State ...
LeBron James and the home at 9955 Beverly Grove Dr. Basketball superstar LeBron James is in contract to buy a mansion in Beverly Hills from the estate of a fabled soap opera creator, sources close to the transaction told The Real Deal. ...
Lemonade CEO Daniel Schreiber (iStock) Venture-backed insurance seller Lemonade got a sweet reception from investors on the day of its initial public offering. Listed on the technology-heavy Nasdaq index, the company (LMND) ended the ...
The 30-year fixed-rate mortgage averaged 3.07 percent for the week ending July 2 (iStock) The downward slide in mortgage rates produced a new milestone this week, according to Freddie Mac’s latest primary mortgage market survey. The ...
Single-family and condo home sales were up sharply in L.A. County in June Los Angeles County home sales surged in June as private showings returned without restrictions and the economy — briefly, it turns out — flew open its doors. ...
Funnel’s Tyler Christiansen and Caren Maio UPDATED: July 2, 2:20 p.m.: A decade after starting Nestio to help landlords manage their rental portfolios, co-founder Caren Maio is stepping down as the company’s chief executive. In a ...
President Donald Trump (Getty, iStock) President Trump’s latest announcement regarding his plans for fair housing regulations came in the form of a Tuesday night tweet, Business Insider reported. The president took aim at the Obama-era ...
Federal Reserve Chairman Jerome Powell (Getty) While hospitality companies and retailers have been among the hardest hit by the coronavirus, real estate stocks in the second quarter largely tracked the broad market rally. Buoyed by ...
The economy beat expectations in June, adding 4.8 million jobs, with retail and hospitality leading the way. But a surge in coronavirus infections threatens further gains. (Getty) The U.S. added 4.8 million jobs in June and the ...